Remittances by overseas Indians set to hit record high amid rupee slump
![Remittances by overseas Indians set to hit record high amid rupee slump Remittances by overseas Indians set to hit record high amid rupee slump](https://www.indoamerican-news.com/wp-content/themes/city-desk/timthumb.php?src=https%3A%2F%2Fwww.indoamerican-news.com%2Fwp-content%2Fuploads%2F2018%2F10%2Fworkers-e1540766558579.jpg&q=90&w=160&h=106&zc=1)
MUMBAI: Lured by the sharp slump in rupee against the dollar, Indians living overseas may boost remittances to a record, helping bolster the nation’s efforts to support Asia’s worst-performing major currency. The country is expected to receive remittances of about $76 billion in 2018, 10% more than in the previous year, according to estimates by EbixCash, […]